Overview

Broker information Having its command center in Romania, WMoption is one of the primary, financial, binary options brokerages. The brilliantly designed trading platform of the broker is based on WMoption’s… more

Full Review

Broker information

Having its command center in Romania, WMoption is one of the primary, financial, binary options brokerages. The brilliantly designed trading platform of the broker is based on WMoption’s values. They revolve around diversity, customer satisfaction, security and safety, and reliability of trading. The broker’s exquisite website, which has been designed to act as swiftly as possible, thus guaranteeing pleasant trading environment, is available in English and Arabic.

Accounts

WMoption offers a nice selection of five different trading accounts. To begin trading via a Rookie account, one must fund it with at least $250. The Basic account is available for trades after a minimum amount of $1,000 has been deposited. To launch a Silver account, a $5,000 minimum deposit is necessitated. Those who want to engage in trading through a Gold account, should deposit a minimum amount of $25,000. The elite account is the VIP. The minimum deposit for that account is at least $100,000.

Deposit and Withdrawal Options

WMoption prides itself on its customers’ satisfaction. For this reason, the broker has elaborated an easy, quick, and secure option for funding your account.

WMoption believes it has one of the most elegant and sophisticated withdrawal processes on the market. In this regard, you can transfer funds from and to your bank accounts as quick as the situations permits and at your own discretion. Cash may be withdrawn either by credit cards or via wire transfer.

WMoption’s supported currencies include Euros, British pounds, as well as U.S. dollars.

Features

WMoption is jam-packed with features. “Spot Follow” is an amazing option that enables customers to track the successful trade strategies of elite investors and use them. The “60 Seconds” option varies from 1 minute through 90 and 120 seconds to 3 and 5 minutes. Expected returns are up to 70%. “One Touch” yields a payout of up to 300%. There are also “Pairs” (77% payouts), “Long Term” (75% returns), “FX/CFD”, “Ladder”, and the classical binary options with returns of up to 78%.

Education

The education academy of WMoption offers video tutorials for both beginner and elite users. It also teaches courses in economics, including financial management, the fundamentals of market analysis, psychology of trading, and technical analysis. A great feature of the education center at this broker are the real-time workflows which display winning tactics. Additionally, there are a glossary with financial concepts and terms, and an FAQ section.

Customer Support

Users may reach support via 10 fixed telephone lines around the globe, including countries in Asia, Europe, Africa, North America, and even Australia. There are also an e-mail, web-form, and online chat assistance and the professional manner with which the company’s dedicated team handles queries is admirable. WMoption can be followed on different social media, including Twitter, Facebook, and G+.

Bonuses/Promotions

The Rookie account gets a 20% welcome bonus, a full access to the education academy of WMoption, and daily market updates. The Basic account’s bonus is 35%. In addition, it receives an extra payout to the tune of 1%, fixed spreads in CFDs – 4-5 majors, and the maximum binary position is set at $1,000. The maximum binary position for the Silver account is capped at $2,000, and it gets a 50% sign-up bonus, a 1% extra payout, as well as fixed spreads in CFDs – 3-4 majors. The perks for the Gold account are fixed spreads in CFDs – 2-4 majors, a 1% additional payout, up to 70% welcome bonus, and the maximum binary position for this account is set to $3,000. The VIP account benefits from a 100% sign-up bonus, fixed spreads in CFDs – 1-3 majors, 2% extra payout, and the maximum position in binary options is $5,000.

The VIP, Gold, and Silver accounts are also eligible for a priority telephone line with an account manager.